Le Rapport du cout du Travail agricole au cout total de la production dans l'agriculture

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Identifikator:: 1745593527

URN:: urn:nbn:de:zbw-retromon-118611

Document type:: Monograph

Title:: Le Rapport du cout du Travail agricole au cout total de la production dans l'agriculture

Place of publication:: Genève

Publisher:: Bureau internat. du travail

Year of publication:: 1926

Scope:: 74 S.

Digitisation:: 2021

Collection:: Economics Books

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232 POLITICAL ECONOMY demand increasing than they would have done otherwise. It is quite possible that the gain of the working classes through the resistance offered to social friction by trade union action may have been an amount well worth having. But could an all-round combination of labour raise wages on the assumption that there was previously no social friction, or, in other words, could trade union action do more (in the absence of any increase of efficiency on the part of labour) than counter act social friction ? To find the correct answer to this question requires more than a passing acquaintance with economic principles. We may argue the matter in this way. Wage earners, were they strong enough to hold out, and were they in a position to sell their labour in the lump, could immediately secure an appreciably higher wage. The higher wage would be won at the expense of employers’ earnings and interest on in dustrial capital. Consequently, in the long run the amount of employing capacity devoted to industry would probably be reduced, and so also would the amount of capital devoted to industry. Now when industrial capital and the quantity of the employing factor acting in production were both diminished the sum of the national

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